Foreclosure in Boston>Question Details

Janeeyre, Home Buyer in Gainesville, FL

Looking for Agent to help find preforclosure/forclosure/reo in/around Boston and western suburbs. 1st time home buyer

Asked by Janeeyre, Gainesville, FL Sun Jan 24, 2010

We are interested in Pre-forclosure/Forclosure/Short Sale or REO properties for in/around Boston. Towns we are interested in include - Concord, Acton, Sommerville, Brookline, Allston, Brighton, Arlington, Waltham, Lexington, Burlington. Other towns that are in/around this vicinity will work as well.

Specifications include - 2 bedroom 2 bathroom, open floor plan, fairly new (up to 15 years), dedicated parking space, and also the ability to serve as an investment property once we move.

If you are able to help us regarding this that it great.

We have been pre-qualified for above 350,000.

Looking forward to hearing from you.

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Answers

7
Your search for "distressed" homes is a very common request from buyers coming thru my door. Unfortunately, when a buyer hears about all the pitfalls of buying this type of property, there is usually a change of heart.

Let me provide you an example:

Winter in New England requires that vacant bank properties become "winterized" so that the pipes don't freeze. A majority of the selling parties will not "de-winterize" for you to do your home inspections or for your financing to be approved (FHA financing requires working heating systems). This means you have to get the home's heating system working at your own cost. One client of mine spent $1000 with the heating contractor to get new parts installed and boiler running. This was at inspection... luckily she bought the home.

You want a good value! My recommendation is that you don't limit yourself to these distressed homes. I do believe you should only work with an agent that has lots of experience to navigate this current market. Ask for years in the business and how many sales did they make in 2009. Anything less than a dozen sales, move on.

I do not cover the towns you are shopping in, but cover Metrowest. A good economical town outside of Boston is Framingham.

Feel free to contact me for a referral to a good agent in these other communities or for additional insights on your search. Good luck.

Ed Daniels
Remax Executive Realty
508-341-7880
Web Reference: http://www.MAhome.com
0 votes Thank Flag Link Sun Jan 24, 2010
Hi Jane!
Yes I can help you with finding one of these homes! If you would like to receive a complete list I can email you and set you up on an alert so you will know when something new posts immediately.
I look forward to hearing from you.
Heidi Zizza
mdm realty
508-277-2032

P.S. Love the screen name!
Web Reference: http://www.mdmrealtyinc.com
0 votes Thank Flag Link Sun Jan 24, 2010
This link takes you to all the REO's and short sales available in Boston:
http://www.bostontre.com/results.aspx?p=1&custom=1181&am…

Feel free to use the site to search all the REO's and Short Sales in the other areas as well!
0 votes Thank Flag Link Sun Jan 24, 2010
Hi there,
I post a list every week.

http://www.medfordhouse.com/foreclosures.asp

Also my office are authorized HUD brokers

http://www.medfordhouse.com/hud-properties.asp

Hope that helps,
Web Reference: http://www.MedfordHouse.com
0 votes Thank Flag Link Sun Jan 24, 2010
Hi Janeeyre,

I am full time real estate professional working in Boston and Metrowest area.
I will be more then happy to assist you in this process.
Will town house or half of duplex work for you of you will be looking for a single family house only?
Please email me your contact info and let's get started!
tetyana.ivanina@gmail.com
508-361-6047 - cell
0 votes Thank Flag Link Sun Jan 24, 2010
Hi!
I would be happy to help you as I do work in those towns and I have also an LMC designation which is a specialty in foreclosures and short sales.
Feel free to contact me at vmendelson@isellboston.com or 617-501-8519
Looking forward to hearing from you!
Veronique Mendelson
Century 21 Carole White Associates
Web Reference: http://www.isellboston.com
0 votes Thank Flag Link Sun Jan 24, 2010
I have a co-worker that I know very well that works at Keller Williams Realty in Boston, MA. Lisa handles the North Shore (Essex and Middlesex counties) and Greater Boston. Please call me or email me and I will give you their contact information.

Terri L. Evans, GRI Realtor®
Keller Williams Realty
304-261-1186 Cell
Licensed in Virginia & West Virginia
Please visit my website http://www.WinchesterVaHomes.com for Free information.
0 votes Thank Flag Link Sun Jan 24, 2010
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